How TELP Can Help You Grow Your Business
Whether you are looking to sell directly to customers in another country, supply Canadian exporters, or finance your first international order, the RBC | EDC Trade Expansion Lending Program (RBC | EDC TELP) can guarantee your working capital up to $13,333,333.
Enter New Markets Faster
Access additional financing to cover sales in a new market, build capacity to meet projected demand, and fund upfront costs.
Secure Your International Investments
Invest in your international operations, worry-free: set up an office and purchase the equipment, technologies, and resources you need.
Easily Manage Your Cash Flow
Take on new international contracts with confidence, knowing you have the cash flow you need to get started.
Invest in Machinery & Equipment
Get financing for the machinery and equipment you need to support your overseas operations.
Simplify Your Financing
Enjoy a fast and easy application process, solely with RBC, to access the credit you need for your expansion journey.
How does TELP Work?
With TELP, EDC and RBC share the risk for your operating line of credit or term loan, helping you access additional working capital.
By increasing your borrowing capacity, you can feel confident investing in your global expansion.
Is Your Business Eligible for TELP?
For your business to be eligible under this program, you must
- Be a Canadian Company
- Currently have direct or indirect international sales of at least 15%, or plan to reach a minimum of 15% within the next 3 years
- Export or indirectly export to an eligible country as identified by RBC and EDC
You May Also Consider
Foreign Exchange Services
Discover how you can save on your foreign exchange transactions and minimize your risk.
Pay your domestic and international vendors, in over 30 countries.
Whether you are a small or large business, the right financial advice and services can help your global venture succeed.
Ready to Get Started?
Our international trade specialists will help you start and succeed as a global business.
Call our 24/7 Business Helpline
Locate a Branch Near YouFind a Branch
You Might Also Be Interested In:
The Green Beaver: From Home-Based Hobby To Global Business
How Canada can Rebound From Recent International Trade Pressures
Globalization 2.0: The RBC Schulich Enterprise Forum Examines Global Opportunities for Canadian SMEs